Selling naked calls OTM & covering them just before ITM?

Discussion in 'Options' started by anon9812, Apr 21, 2023.

  1. taowave

    taowave

    Yeah,I am reading what you wrote and fighting not having my eyes roll to the back of my head..

    You are advising him to "just buy a call instead of buying shares"?????

    Can you be any more nebulous??

    More to the point,you dont really grasp delta hedging,and it now appears you are reccomending shorting wide verticals...

    Care to be a bit more specific???

    On second thought,please dont:)


     
    #81     Apr 24, 2023
  2. TheDawn

    TheDawn

    Yeah we will leave it at that. As long as the OP understands what I said which has been quite clear right from the beginning.

    You need to get some sleep, taoman. Your reading comprehension is getting dangerously close to the level of your options idol. That is not good. LOL
     
    #82     Apr 24, 2023
  3. TheDawn

    TheDawn

    Btw are you going to Las Vegas for the Money Show?
     
    #83     Apr 25, 2023
  4. taowave

    taowave

    Whats the Money Show?

     
    #84     Apr 25, 2023
  5. TheDawn

    TheDawn

    #85     Apr 25, 2023
  6. newwurldmn

    newwurldmn

    My house after every expiry! :)
     
    #86     Apr 25, 2023
    taowave and destriero like this.
  7. destriero

    destriero

    Money Show 2023... Infinite Gamma!

    Special guest:

    MsDawn: will show you how to use stochastics to time your trades. Structuring infinite gamma. Best practice on dealing with a debit net liq, that pesky citation to discover assets, pro se defense, and more!
     
    #87     Apr 25, 2023
    newwurldmn likes this.
  8. newwurldmn

    newwurldmn

    there’s a guy pitching theta as a dividend strategy.
     
    #88     Apr 25, 2023
  9. taowave

    taowave

    Lol^^^^^^^
     
    #89     Apr 25, 2023
  10. ZBZB

    ZBZB

    that is only 5% return on his capital. I hope he is long t bills as well.

    Edit: that is better than stocks or bonds in 2022.
     
    Last edited: Apr 26, 2023
    #90     Apr 26, 2023